Hondurans denounce a plan to privatize state-owned companies

  • 10 years ago
According to public sector workers in Honduras, the government aims to privatize state-owned companies. That is how workers of the state electric company see it, as they took to the streets to protest following the announcement that their institution would undergo a 30% staff cut. Economist Fernando Garcia observes that the state adopts restrictive economic policies that do not favor investment. They promote "paternalism and assistencialism," he says, "that attract and deepen political cronyism" in the country. teleSUR.